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Australian Power Project’s Nathan Vass told the Daily Telegraph another reason for surging electricity prices was “an increased reliance on renewable energy.”

Mark Bretherton from the Clean Energy Council said comments made by the Mr Vass were “inaccurate”.

“Renewable energy only produces 12 percent of the electricity in NSW and only one project came online in the state last year,” he said.

“There is no way that something which produces 12 percent of less than half of a power bill can have the effect claimed by (Mr) Vass.”

Mr Harwin said he was “concerned about households and businesses facing bill rises mid-year.”

“We need national market reform. We need the Federal Government and the states to lock in a sensible plan, and take the politics out of the issue in the middle of the year when the Finkel Review is delivered.”

In the meantime, he encouraged consumers to “shop around” to find the best deal.